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Kate Bahn — Understanding the importance of monopsony power in the U.S. labor market

Summary:
With the launch of our new website, we are reintroducing visitors to our policy issue areas. Informed by the academic research we fund, these issue areas are critical to our mission of advancing evidence-based ideas that promote strong, stable, and broad-based economic growth. Through June and continuing in July, expert staff have been publishing posts on our Value Added blog about each of these issue areas, describing the work we do and the issues we seek to address. The following post is about Wages. For previous posts on other issue areas, please go to our Value Added home. WCEG — The EquitablogUnderstanding the importance of monopsony power in the U.S. labor market Kate Bahn

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With the launch of our new website, we are reintroducing visitors to our policy issue areas. Informed by the academic research we fund, these issue areas are critical to our mission of advancing evidence-based ideas that promote strong, stable, and broad-based economic growth. Through June and continuing in July, expert staff have been publishing posts on our Value Added blog about each of these issue areas, describing the work we do and the issues we seek to address. The following post is about Wages. For previous posts on other issue areas, please go to our Value Added home.
WCEG — The Equitablog
Understanding the importance of monopsony power in the U.S. labor market
Kate Bahn
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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